SDL sundance resources limited

afternoon repeat, page-147

  1. 6,981 Posts.
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    Sid, I think the Board must be on the same level of frustration as all of us. The question the Board would ask itself is:

    1. What is the consequence of us pulling the pin from the perspective of Cameroon and Congo. Would they back it? Would it allow a non chinese counterbidder in? Are there any around?
    2. What does that mean for advancing the project. Is there a viable alternative. Will the Convention run out by the time an alternate financing arrangement is in place.

    Remember that negotiations are a moving feast and in the absence of competitive tension, it will always be a tough battle.

    This is an NDRC game now - and about African sentiment.
 
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